Aerochine Aviation (Booth P702), the independent representative for Bell Helicopter in China, Hong Kong and Macau since 2009, reports that last year was a banner one for the company’s sales in China.
Go to AIN’s ABACE landing page to find the latest news and photos from the Asian Business Aviation Conference and Exhibition, being held from March 27 to 29 at the Shanghai Hawker Pacific Business Aviation Service Centre in Shanghai, China.
India’s Directorate of Revenue Intelligence has slapped a $3.3 million penalty and fine on New Delhi-based Bharat Hotels for not paying customs duty on the Embraer Legacy 600 it imported for charter services in 2009.
Jet Aviation (ABACE Booth P516), a wholly owned subsidiary of U.S.-based General Dynamics, has added interior completions to the capabilities of its facility in Hong Kong.
ExecuJet Asia on Subang Airport in Kuala Lumpur was awarded the first direct Cayman Islands Aircraft Maintenance Organization approval in Malaysia. The OTAR Part 145 Option 2 approval permits the MRO to work on Cayman-registered Bombardier Global Expresses, Challenger 300s and Challenger 604/605s and Gulfstream IV/IV-SPs. It complements approvals granted by the Malaysia DCA, the Philippines CAAP and the Isle of Man CAA, together with the appointment last year by Bombardier as an authorized line facility on all models.
With precious little sign of a meaningful economic recovery in the main Western economies of North America and Europe, the business aviation industry is pursuing growth more intently than ever in the emerging markets of the East. Nowhere epitomizes these expectations quite like China, with its soaring corporate and private wealth.
Business aircraft sales, acquisitions, trading and brokerage services firm Jetcraft opened a new office in Hong Kong today under the Jetcraft Asia banner. This establishes a permanent base in Asia for the company, which has been active in the region despite not having a “formal presence” there. Jetcraft co-owner and board member Jahid Fazal-Karim predicts a growing market for pre-owned business aircraft in Asia, particularly in China, within the next five years.
Enterprise Florida (Booth N77), a public-private partnership that oversees the U.S. state’s economic development efforts, attends Singapore and other global air shows to help Florida companies in industries that include aviation, aerospace and defense with global expansion and trade leads.
Canada’s Manitoba Department of Entrepreneurship, Training and Trade (Booth U98) has an exhibit at the Singapore Airshow for the first time to assist small and medium-sized companies look for new or expanded business opportunities.
The supply of parts, assemblies and services for Boeing products has created valuable new economic opportunities in Southeast Asia in recent years. In fact, since 2009, Boeing suppliers have established aerospace manufacturing centers for commercial aircraft production in five Southeast Asia countries: Vietnam, Malaysia, Indonesia, Thailand and Singapore. Meanwhile, Boeing suppliers in other countries, including Australia and Malaysia, have added new commercial or defense manufacturing capacity to their portfolios.